Super Committee Failure — or Success?

By:  Thomas Sowell
11/23/2011
       
Super Committee Failure — or Success?

Many people are lamenting the failure of the Congressional "Super Committee" to come up with an agreement on ways to reduce the runaway federal deficits. But you cannot judge success or failure without knowing what the goal was.  If you think the goal was to solve the country's fiscal crisis, then obviously the Super Committee was a complete failure. But, if you think the goal was to improve the chances of the Obama administration being re-elected in 2012, it was a complete success.

 

Many people are lamenting the failure of the Congressional "Super Committee" to come up with an agreement on ways to reduce the runaway federal deficits. But you cannot judge success or failure without knowing what the goal was.  If you think the goal was to solve the country's fiscal crisis, then obviously the Super Committee was a complete failure. But, if you think the goal was to improve the chances of the Obama administration being re-elected in 2012, it was a complete success.

Imagine that there had been no Super Committee in the first place. Who would be blamed for the country's fiscal crisis? The overwhelmingly Democratic Congress that voted to spend the money which increased the deficits more during the Obama administration than in the eight years of George W. Bush.

When the Obama administration's massive spending spree was going on, Republicans were so hopelessly outnumbered in both houses of Congress that nothing that the Congressional Republicans could say or do would have the slightest effect.

Even the cleverest political spin-master would have a hard time trying to keep blame from falling on the Obama administration, without the later shift of attention to the debt crisis.

Click here to read the entire article.

Thomas Sowell (photo)

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